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5 ways to certainly annihilate your finances! - personal-finance


Ben Stein has a book called How to Ruin Your Finances. To be honest, I'm not sure an intact book is desirable on the subject-there are some absolutely quick and easy ways to accomplish the task. (Before continuing, let me be clear that I do not in reality advocate such activities-This is a reductio absurdum argument, meant to spur an contra realization. )

#1: Buy everything, yes, everything

You never know when a national may come over to use your dish towels, so make sure they are Ralph Lauren, less than six months old, and all the same color. While you're at it, buy clothes that you don't need now, but may need in the future, such as eleven new sweaters, a top-of-the-line treadmill, and some bestselling novels (just in case you ever read the 38 previously on your bookshelf).

#2: Accusation all purchases

That way you can detail all your spending, which is sort of like budgeting. When the bill comes each month, be consistent-pay only the minimum. If there's something left at the end of the month, see #1.

#3: Don't be alarmed about retirement

That's what Communal Defense is for! Our kingdom is run by able economists, and they'll make a variety of there's an adequate amount for you in 25 years.

#4: Buy a $4 million home, with 1% down, and a 30-year mortgage

Then, spend your intact operational life paying it off. Don't worry if you haven't invested in something else-you can sell the home when you reach 65, fast amend your lifestyle to match your new one-bedroom condo, and live off the difference.

#5: Start being parsimonious 'tomorrow'

Please, bring to a close your $7 mocha latte and go about your day. After all, this critique was apparently in print for the other guy!

2005 Matthew S. Clement, All civil liberties reserved

Matthew S. Mild is a pecuniary conniver and investment advisor agent with Monetary Exchange ideas Investment Corporation, affiliate SIPC. He provides holistic wealth management and retirement arrangement to persons and businesses. He can be reached in New York at (845) 942-8578, or by email: ClementM@FinancialNetwork. com


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